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This study focuses on the process of technology catch-up and competitive advantage creation, drawing on the successful experiences of Japan, Korea, Singapore, Taiwan, and Hong Kong -- the newly industrialized countries (NICs). It shows how the NICs countries have exploited the opportunities made...
Persistent link: https://www.econbiz.de/10005669700
Persistent link: https://www.econbiz.de/10012646993
The report stipulates growth in Emerging East Asian countries eased modestly from 7.5 percent in 2004 to 6.8 percent in 2005. The slower pace of activity was most clear in the Newly Industrialized Economies (NIEs), and in some of the middle income economies of South East Asia. But it was not...
Persistent link: https://www.econbiz.de/10012646998
grows more quickly, the focus should be on increasing investment-both private and public …
Persistent link: https://www.econbiz.de/10012647010
. Non-extractive GDP growth reached 3.7 percent as investment growth accelerated, supported by a marked recovery in public … investment, and leading to a surge in imports. Private consumption remained dynamic, stimulated by growing public sector wages …. Continuing to strengthen data systems would support investment and public policymaking. In 2023 and 2024, digitalization efforts …
Persistent link: https://www.econbiz.de/10014582037
Authorities in East Asia Pacific (EAP) jurisdictions have adopted a battery of fiscal, monetary, and financial measures aimed at mitigating the unprecedented impacts of the Coronavirus disease 2019 (COVID-19) pandemic on the economy. This report discusses the quality of loan portfolios in the...
Persistent link: https://www.econbiz.de/10012700675
Long COVID: Scars and Opportunity. The title of this report has two meanings. First, that the disease will leave in its wake a durably damaged economy. Second, that the disease is not leaving any time soon and may be here to stay. This duality reflects the two themes of this Update. In the near...
Persistent link: https://www.econbiz.de/10012700809
Amidst a fragile recovery, three clouds are gathering over the economic horizon: US inflation could provoke financial tightening, China's structural slowdown and zero-COVID-19 policy could dampen regional exports, and the conflict between Russia and Ukraine could disrupt food and fuel supplies,...
Persistent link: https://www.econbiz.de/10013209216
Growth in the developing East Asia and Pacific region slowed sharply in 2020Q1 because of the negative impact of the Covid-19 on economic activity. The decline has been broad-based reflecting the interconnectedness of the EAP economies and reverberations from the global economy as the virus...
Persistent link: https://www.econbiz.de/10012644280
Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...
Persistent link: https://www.econbiz.de/10012646986